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Jan 17, 2013
01/13
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 17, 2013
01/13
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some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after leaving western myanmar. they said they had no choice but to leave. >> the soldiers would take women and daughters and rape them and then turned them back the next day. we had no freedom. we could not go anywhere. we had to make our own future. >> myanmar is predominantly buddhist, and the muslim minority are largely seen as illegal immigrants from neighboring bangladesh. after fighting between bouterse and muslims last year, more than 100,000 left homeless. this was all happening at a sensitive time for thailand. it has been ranked as a tier 2 nation on the watch list for human trafficking. if it is ranked
some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after...
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Jan 19, 2013
01/13
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economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right direction. for the republican party to fix itself will require a painful process, in which insane voices stare up and stare d
economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying...
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Jan 21, 2013
01/13
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larger priority, how do you create an economy, rebuild an economy in which the american dream, the american compact is fresh where people who work hard feel like they can get ahead. and that's not just about dealing with the fiscal crisis. it's about education. it's about research and development. it's about controlling our energy future. all of these are part of the equation. >> president obama has outlined debt reduction as a top priority heading into the second term. also high on his list, immigration reform. putting more emphasis on developing renewable energy and the most urgent for the president, gun control. joining us now, jim vandenhike. so we got done with the first term. bipartisanship towards the end, incredible. any reason why that will change? >> zero. >> okay. >> i would love to be optimistic. i think we should be slamming the blacken ambers they serve up here as you think about the next four years. largely because we already saw in the last two months in the lame duck how the next two years will unfold. and that is a republican congress and a zero interest in doing the obama
larger priority, how do you create an economy, rebuild an economy in which the american dream, the american compact is fresh where people who work hard feel like they can get ahead. and that's not just about dealing with the fiscal crisis. it's about education. it's about research and development. it's about controlling our energy future. all of these are part of the equation. >> president obama has outlined debt reduction as a top priority heading into the second term. also high on his...
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Jan 17, 2013
01/13
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KICU
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and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j.p. morgan and goldman sachs. i think they will probably be
and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying...
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Jan 17, 2013
01/13
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 14, 2013
01/13
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pay as you go basically in this capitalist economy. but it really -- i was hoping the president to drop the trillion dollar coin and give him some leverage, some power and kind of cool to see that happen. >> yes, and sounds very serious. >> sounds very serious and it's nice theatrics to it and disappointed once again paying politics with the economy and right refusing to work with him and party ahead of country. this is not way this is supposed to go down. >> i think to me when i was reading the so-called explosive politico article about this, it made very clear sense to me sort of immediately that this was part of a gop effort to talk not just to its base but to the left and say, if this is our leverage, shuting down the government and defaulting on the debt then we have to talk like it's actually possible. we can't threaten to do it and then say, but no one really wants to have that done so they have to say, well look at all of these members saying they're willing to go there. it's the only way they actually convince president obama
pay as you go basically in this capitalist economy. but it really -- i was hoping the president to drop the trillion dollar coin and give him some leverage, some power and kind of cool to see that happen. >> yes, and sounds very serious. >> sounds very serious and it's nice theatrics to it and disappointed once again paying politics with the economy and right refusing to work with him and party ahead of country. this is not way this is supposed to go down. >> i think to me...
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Jan 20, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. but i'm also on a lot of medications that dry my mouth out. i just drank tons of water all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist and he suggested biotene. it feels refreshing. my mouth felt more lubricated. i use the biotene rinse twice a day and then i use the spray throughout the day. it actually saved my career in a way. because biotene really did make a difference. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectu
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. but i'm also on a lot of medications that dry my mouth out. i just drank tons of water all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist and he suggested biotene. it feels refreshing. my mouth...
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Jan 18, 2013
01/13
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number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal with spending, for instance. do they sort of wait him out and hope for a positive result in 2014 and use whatever leverage over the del ceiling or whatever else but the public finds it so distasteful. the president too on issues like entitlement, i think it's really striking, will he seek to rise above how difficult it is that he doesn't feel he's got a negotiating partner to try to get something done on entitlements? if he wants robust economic growth he'll have to. we will have a debate over guns and the debt between ted cruz, fresh face, tea party face
number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal...
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Jan 18, 2013
01/13
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 18, 2013
01/13
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KQED
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economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> we've been looking for moderate g
economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond...
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Jan 18, 2013
01/13
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-- the slow economy and d.c. politics are making the public less confident and pessimistic about the future of the country so here's the breakdown of the numbers. the president remains strong politically. his job approval at 52%. a higher rating than he's had through most of his first term but while the public likes the president personally, a full 74% of respondents told us they like president obama, americans are split on the policy goals. 49% disapprove of his policies, 47% approve. the president gets the best marks for being easygoing and likable, having the ability to handle a crisis and understanding average people but low marks on changing business as usual in washington and working effectively with congress and sharing their position on the issues. now looking at the future, 43% optimistic about the next four years. 35% pessimistic and 22% feel mix. the survey has people to describe where america is headed in a short word or phrase. just a third used positive words like improving and right direction. near
-- the slow economy and d.c. politics are making the public less confident and pessimistic about the future of the country so here's the breakdown of the numbers. the president remains strong politically. his job approval at 52%. a higher rating than he's had through most of his first term but while the public likes the president personally, a full 74% of respondents told us they like president obama, americans are split on the policy goals. 49% disapprove of his policies, 47% approve. the...
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Jan 15, 2013
01/13
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economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go, fitch. go away, s&p. we know what the interest rates are. that's how people think of debt. >> what we are capable of, and are we -- >> pa what our standing should be and what our rating should be. there's no question. i don't think in the short-term we have any -- and, sadly, that gives no cover to anybody in washington on this issue. >> it does not. well, we will certainly be discussing this in the days ahead. after the break, one of the most glaring examples of what colin powell calls the gop's identity problem is its stance on immigratio
economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go,...
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Jan 21, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. wait for it... ah! ah! wait for it... wait for it... [ laughs ] you know, i'm not trying to be ungrateful here or anything... but i just don't think i should have to wait for it! who do you think i am, quicken loans? ♪ at quicken loans, we won't make you wait for it. our efficient, online system allows us to get you through your home loan process fast. which means you'll never have to beg for a quick closing. in fact, here at quicken loans we close the majority of our home loans in thirty days or less... and that's pretty darn fast! because we believe you've got better things to do than to wait for months for your loan to close. super fast closings... one more way quicken loans is engineered to amaze. ♪ [ dogs barking ] >>> he was a moderate. >> welcome back to "hardball" on our live coverage. it's very live. there's the presid
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. wait for it... ah! ah! wait for it... wait for it... [ laughs ] you know, i'm not trying to be ungrateful here or anything... but i just don't think i should have to wait for it! who do you think i am, quicken loans? ♪ at quicken loans, we won't make you...
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Jan 20, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair c
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most...
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Jan 19, 2013
01/13
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MSNBCW
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maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring of 2007. that's vix going down. vix is low. fear is low. also for the record, the dow jones hit a five-year high today. maze mazletov mr. president. eric cantore telling the world, quote, next week we will authorize a three-month temporary debt ceiling increase. that was the announcement from the majority leader of the house republicans announcing they are giving up on what they had been saying for months was their plan, to not approve an increase in the debt ceiling to thereby push the country again into a self-imposed economic crisis and threat of de
maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring of 2007....
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Jan 15, 2013
01/13
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economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may start coming home this spring. then will's health care. promise then senator obama made when he first announced his candidacy nearly six years ago. >> let's be the generation that says right here, right now, we will have universal health care in by the end of the next president's first term. we can do that. >> well, it took more than a year and arguably more political capital than any other issue but the president got health care reform through congress and he signed it into law in march of 2010. law's implementation is still a question mark and more legal c
economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may...
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Jan 16, 2013
01/13
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that's a direct threat and the hostage is the entire economy. we will default and if we default, we will have a depression. a real depression and the interest rates will spike on every public and private loan. we will have a mass unemployment like now. now. i love the mafia analogies. keep it up. the sandy relief bill. this is not supposed to be politicized. 179 republicans in the house vote against it including people from louisiana, mississippi, alabama and gulf states y. did it become so politicize and have a hard time getting through? >> i don't know. maybe it's because it's the first time that we had disaster relief of a large amount since this congress got elected. certainly there was a list of something like 67 members and asked for and voted for and demanded the rein their states for natural disasters hit in the midwest and the gulf coast and so forth and refused to vote for it now. no rational answer to that. i like to believe it's not because they are prejudice against new york or the northeast. it's hard to reach such say conclusion.
that's a direct threat and the hostage is the entire economy. we will default and if we default, we will have a depression. a real depression and the interest rates will spike on every public and private loan. we will have a mass unemployment like now. now. i love the mafia analogies. keep it up. the sandy relief bill. this is not supposed to be politicized. 179 republicans in the house vote against it including people from louisiana, mississippi, alabama and gulf states y. did it become so...
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Jan 21, 2013
01/13
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he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was because i think it made a lot of people feel that, first of all, americans got it, they understood what he had gone through, they wanted to reward him for his effort, but more important than that, martin, they saw where he was going, and it wasn't where they were, where they are. they saw where they were going and that's very significant. >> and so you think it was about the sense of his determination and aspiration in a particular direction that drove this campaign. >> no doubt about it. they were inspired by his aspirations. it's not always you ge
he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was...
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Jan 20, 2013
01/13
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but those first two, that's 20%, 1 in 5, something to do with the economy, an economy that's not better as far as people are concerned. >> and it's not just that we've only recovered slowly from the financial recession. it's that the economy structurally is a problem and has been for several decades. the middle class is not doing what it used to be able to do. you can't be sure your kid will do better than you did. that's going to involve investments. the complication is it will be investments in the future, in education, in opportunity, maybe investments in keeping manufacturing here. but then the spending problem on the other side. how do you manipulate that balance between republicans who are going to be concerned about spending and democrats or the country that wants investments in the future. that's going to be -- >> he's going to need more tom qoms, jonathan, right? among house republicans. >> not a lot of tom coles in the house. not a lot in the house right now. look, i think this gets back to what i was saying earlier about how, yes, he's got a bit more running room than he had
but those first two, that's 20%, 1 in 5, something to do with the economy, an economy that's not better as far as people are concerned. >> and it's not just that we've only recovered slowly from the financial recession. it's that the economy structurally is a problem and has been for several decades. the middle class is not doing what it used to be able to do. you can't be sure your kid will do better than you did. that's going to involve investments. the complication is it will be...
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Jan 18, 2013
01/13
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WJZ
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 21, 2013
01/13
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a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then of course probably the most important that he will talk about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." adviser to obama 2012, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard, it's great to see you in person this morning. "new york times" best-selling author of "team of rivals" doris kearns goodwin. in between awards shows she's joined us. and nbc news special correspondent tom brokaw. welcome to all of you. tom, that's where we tee it up. the president, as he begins a second term, very difficult climate in washington and very real expectations. >> yes. and i was looking at those top three priorities for the american people. and they all fit into his single most difficult task, it seems to me, both conceptually and specifically. in the next couple of years, he onl
a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then of course probably the most important that he will talk about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." adviser to obama 2012, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard,...
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Jan 13, 2013
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now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all right, you're talking about the center or for disease control. but i want to know, why is it so bad, doctor? why is it as bad as it is? are these shots not working? is it a different strain of flu that's grown? >> yeah, couple of things. this particular flu strain, h3n2, is associated with more complications than previous strains of the flu. sometimes people who initially have flu symptoms and then actually get worse a couple of days later may have a superimposed bacterial fection. the second reason is that even though there is, you know, relative availability of the flu sho
now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all...
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Jan 18, 2013
01/13
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economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as can you see on the the impending so-called sequestering, which i believe kicks in sometime in the next six weeks or so. and then in late march, on the idea that the government will run out of money. there will be no authorization to spend anything more and the government could functionally shut down. is that involved here at all? >> not in a formal sense. but of course all of this is linked together, what the spending plans are to come up with cuts to avoid the budget sequester which neither party wants because it affects it in is indis
economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as...
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Jan 16, 2013
01/13
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and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social security fund, in the medicare and medicaid fund, because people would be brought out of the shadows. you're talking about billions of dollars. in fact, what the president has done ri
and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the...
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Jan 18, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are equally tough to forget. let's take a quick look back. >> we cannot sustain -- oops. was that my -- that's all right. all of you know who i am. the guy forgot his keys. jimmied his way to get into the house. there was a report called into the police station that there might be a burglary taking place. so far so good, right? i mean, if i was trying to jigger -- well, i guess this is my house now so it probably wouldn't happen, but let's say my old house in chicago, here i'd get shot. bipartisan outreach will be so successful that even john boehner will consider becoming a democrat. after all, we have a lot in com
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are...
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Jan 15, 2013
01/13
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the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to levels that we haven't seen even back when we had the economic problems in the start of 2009. it would be worse than that. what do you think? >> it would be a complete disaster. and both sides have acknowledged that, that i think the president put it really well today when he said that the republicans are essentially saying if we don't get 100% of what we want, we're going to blow up the economy. and nobody doubts that it would blow up the economy. but also what they're pushing for is deep cuts that will hurt that very same list of people you started the segment with. they want cuts to social security, to med
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to...
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Jan 14, 2013
01/13
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they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for decades and who aren't going anywhere in the near future? not going to self deport. mitt romney learned that lesson 6th of november. deal with it in a humane position and both sides have to sit down and agree to what they can agree to. >> we'll see what the comprehensive proposal or bill will be if this report is accurate. the president is moving forward quickly on it. thank you very much, jose. see you soon. >> thank you, tamron. >>> we'll be right back. if you have high blood pressure and get a cold get coricidin hbp. the number one pharmacist reco
they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for...
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Jan 18, 2013
01/13
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congratulation on the economy in virginia. it's to be envied around the country. what advice did you are on for house republicans? i think we're beginning to see one result, which is the offer of a short-term debt ceiling extension that they don't want to engage in this second cliff battle with the white house right now. >> thanks for having me on. i told them a couple of things. one is stick to your principles. we need a principled conservative party. not another liberal party. but, secondly, find ways to talk about the kitchen table issues that people care about and solve problems and offer a clear contrast to the president about managing the finances of the united states of america. i think john boehner and eric cantor are doing a good job working together. i think we have to find ways to more carefully explain to people all year long why conservative principles work. i think they'll do that, and i look forward to working with them as governors do around the country in getting things done. >> do you think after newtown and the massacre there that things have ch
congratulation on the economy in virginia. it's to be envied around the country. what advice did you are on for house republicans? i think we're beginning to see one result, which is the offer of a short-term debt ceiling extension that they don't want to engage in this second cliff battle with the white house right now. >> thanks for having me on. i told them a couple of things. one is stick to your principles. we need a principled conservative party. not another liberal party. but,...
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Jan 20, 2013
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obviously the economy to contend with, gun control. i think immigration will be able to get worked into this. i think the administration has the to sort of wrap its arms around the combination of what happens in life around the world and what they want to try to get done. when they overlap. i do believe this administration was interested in gun control or commonsense gun safety even without a newtown massacre. when they overlap, you have to push hard and use the political will of an administration to get things done. >> if you want to call it a honeymoon period, people say as long as two years and other mrs. cynical say we're going to give him 100 day, re-evaluate and see how much capital he has. >> i would give him act six to eight months to get things in congress. after that people will be starting to think about the midterm elections. even democrats will have to go back to their districts and -- if they cast too many votes that take risk for the president, they won't do that forever. after that period, it's more into foreign policy.
obviously the economy to contend with, gun control. i think immigration will be able to get worked into this. i think the administration has the to sort of wrap its arms around the combination of what happens in life around the world and what they want to try to get done. when they overlap. i do believe this administration was interested in gun control or commonsense gun safety even without a newtown massacre. when they overlap, you have to push hard and use the political will of an...
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Jan 17, 2013
01/13
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economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned two americans are on their way to london. bp is pulling nonessential personnel out of algeria. details here still very fluid. there is a lot of conflicting reports out there. here to help us sort it out, john bolton, former ambassador to the united nations. he is also a fox news contributor. i want to start out, can you put this in perspective for us. how big of a deal is it to the u.s.? >> i think we should consider it very significant. even though it is in algeria a long way away. when you combine it with the hostilities in mali, the fact t
economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned...
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Jan 19, 2013
01/13
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beyond that, it's dependent upon the state of the economy. that's going to be a determinate factor. >> you say 18 months. you say 100 days. you're tough. >> 100 days, then we'll see. >> there's a new political article i want to go on. it says democratic senators in red states may break with the white house. part of the quote from the article reads as follows -- senior democratic senators and aides say the president must face a stark political reality even as he begins his second term as commander in chief. newly reelected and emboldened red state democrats as well as senators up for reelection in 2014 want and need to show independence from the white house. so if that's the case, how much does that affect the president's second-term agenda? >> it's a big challenge. take an issue like gun control. like joe manchin, he said he's opposed to the assault weapons ban and everything obama is doing on gun control. the president wants to get through immigration, gun control. he wants to raise taxes probably again. and the challenge on those issues is,
beyond that, it's dependent upon the state of the economy. that's going to be a determinate factor. >> you say 18 months. you say 100 days. you're tough. >> 100 days, then we'll see. >> there's a new political article i want to go on. it says democratic senators in red states may break with the white house. part of the quote from the article reads as follows -- senior democratic senators and aides say the president must face a stark political reality even as he begins his...
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Jan 15, 2013
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collapsed in 2008 and when the economy collapsed in 2008 revenues collapsed with it. >> every little bit helps, steve. >> but that is -- that is the reason why we have major defi t deficits right now. not because this bill is 50 when it should be 47 billion. nothing to do with it. >> i also love and not saying that you made this argument but other republicans have made the argument that, you know, when you're talking about raising taxes on the wealthy, oh, not very much. but when you're talking about cutting earmarks, suddenly, it's every little bit helps but i think this process overall needs reform and an interesting potential model is something that senators mark warner, john kerry and kay bailey hutchison suggested which is an infrastructure investment bank where the federal government seeds that bank with money and districts and states submit requests, basically these are the project that is we need loans for. and they invision it as a bank to deal with larger scale projects but i don't see why it couldn't work for smaller scale projects because it's been done through the earmar
collapsed in 2008 and when the economy collapsed in 2008 revenues collapsed with it. >> every little bit helps, steve. >> but that is -- that is the reason why we have major defi t deficits right now. not because this bill is 50 when it should be 47 billion. nothing to do with it. >> i also love and not saying that you made this argument but other republicans have made the argument that, you know, when you're talking about raising taxes on the wealthy, oh, not very much. but...
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Jan 14, 2013
01/13
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it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president hass got to get past the debt ceiling in order to achieve his second term agenda but how does he do it when some republicans are threatening shutdown. chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the battlefield. he's basically saying if this government gets shut down and we're not paying our bills, it's a decision by the republican-led house of representatives. he wants the story played that way. will the press or can it objectively say that if the government shuts down it's the republicans, simply their doing? >> when it comes to debt creeling if we -- there's two separate questions here. one -- and there's two separate ideas of is there something to negotiate. one is debt ceiling and what the president is saying there's no discussion on that. on
it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president hass got to get past the debt ceiling in order to achieve his second term agenda but how does he do it when some republicans are threatening shutdown. chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the...
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Jan 19, 2013
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>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already fragile recovery is irresponsible. and to suggest that we're not going to pay our bills or tie the debt that we have to pay to anything that the republicans want to extract out of president obama is irresponsible. >> yeah. the republican that i look to right now is john cornyn. what a reversal. this guy writes an op-ed in the hometown newspaper in houston and turns around and tells the editorial board something totally different. what does that say about their leadership? >> it says they are all over the map. it says they are basically a rudderless ship and it says that they really do
>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already...
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Jan 18, 2013
01/13
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we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages the democrats have to use as a party now? they don't control the house. whatever happens on guns, for example, is going to have to come out of a republican dominated committee in the house. that's tricky. and i keep thinking in the end we can talk all we want about the man in the street and the woman in the street and public opinion. you know how it works. somebody has got to get it out of committee and on the floor of the senate and the house. >> we'll see if we can get around this rule about the majority of the majority has to be for something. basically boehner's dispensed that rule
we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages...